The Berkshire Hathaway 2016 annual meeting starts in 15 minutes. You can watch it LIVE, for the first time, through Yahoo Finance. Let us hope for good questions!
I am in Omaha, NE, for my fourth Berkshire Hathaway annual shareholders meeting. Stay tuned for more.
Perhaps you’ve heard this story before: the underdogs, the forgotten players, the “outdated” coach and the little guy vs the established, richer, perennial favorite teams. When it goes well, it is the type of story that becomes a feel-good, teary-eyes Hollywood film or – OK, maybe AND these days – a HBS case study. Leicester’s coach, Claudio Ranieri, has just written an open letter called We Do Not Dream. Great stuff. Make your day a little bit better. I know there are already more than a few interesting analyses of Leicester’s success this year; you can google it after the letter gives you a reason to do it.
Quoting Buffett, Munger and Klarman – and others of different areas – is sure to get our attention. When that letter is written by an NBA head coach as a send-off from his job, that is simply impressive.